Adobe stock analysis (ADBE) – is this creative software giant now a quality bargain after a ~30% share price decline, or a value trap in the age of AI, Canva and Figma? In this episode of the Intelligent Wealth Podcast, fund manager Tony Byrne is joined by Carl Roberts (Fellow Director) and Awet Ghirmay (Head of Research at Minerva Money Management) for a deep dive into Adobe’s business, valuation and long-term return potential. We cover: 00:00 Introduction to Adobe and Its Significan...

PayPal is hugely profitable, buying back billions of dollars of stock, and trading at one of the lowest valuations in its history. In this episode, we ask whether PYPL is a smart contrarian bet for serious investors – or a value trap in a brutally competitive payments market. We dig into: 00:00 Introduction to PayPal and Its Current Landscape 05:15 Historical Performance and Market Position 10:23 Management Changes and Strategic Shifts 14:37 Financial Health and Shareholder Returns 18:49 Com...

Nova Ltd (NASDAQ: NVMI) has delivered a 1,733% total return since listing – but is there still upside from here, or are investors late to the party? In this episode of the Intelligent Wealth Podcast, Tony Byrne sits down with colleagues Carl Roberts and Awet Ghirmay from Minerva Money Management to break down Nova Ltd, the semiconductor metrology specialist sitting at the heart of the AI and chip boom. We discuss: 00:00 Introduction to Intelligent Wealth Podcast 02:50 Overview of Nova: Comp...

ASML (AMS/NASDAQ: ASML) powers the world’s most advanced chips. In this episode of the Intelligent Wealth Podcast, Tony Byrne (Fund Manager), Carl Roberts (Fellow Director) and Awet Ghirmay (Head of Research) break down ASML’s EUV monopoly, why TSMC/Intel/Samsung depend on it, the 70/30 revenue mix (systems vs services), backlog, buybacks, valuation, and the big risks (customer concentration, supply chain, geopolitics, and “what’s next” tech shifts). Why it matters for serious investors: ASM...

In this episode of the Intelligent Wealth Podcast, we deep-dive into Games Workshop, the £4.7B FTSE 100 company behind Warhammer – one of the strongest consumer franchises in the world. 👉 What you’ll learn in this episode: 00:00 Introduction 02:05 Overview of Games Workshop 05:23 Performance and Growth of Games Workshop 09:21 Business Model and Customer Engagement 13:23 Market Position and Competitive Advantages 17:35 Challenges and Future Growth 21:49 Management and Capital Allocation...

In this episode of the Intelligent Wealth Podcast, we dive deep into the fascinating story of Smarter Web Company – a UK-listed business aiming to become the British MicroStrategy by turning its balance sheet into a Bitcoin treasury. 👉 We discuss: 00:00 Introduction to Intelligent Wealth Podcast 01:56 Overview of the Smarter Web Company 05:39 Performance Analysis of Smarter Web Company 12:41 Skepticism Towards Bitcoin Treasury Companies 21:28 Ponzi Scheme Discussion 27:32 Bitcoin vs Gold: A ...

In this episode of the Intelligent Wealth Podcast, the hosts take a deep dive into Wise (formerly TransferWise) – one of the UK’s standout fintech success stories. Wise processes over £145 billion in cross-border transactions annually, offering faster, cheaper money transfers than traditional banks. But is it really a quality long-term investment? We cover: 00:00 Introduction to Quality Investing 01:51 Exploring Wise: A Fintech Disruptor 05:23 Wise's Performance and Market Position 10:43 Inve...

MicroStrategy has become the world’s largest Bitcoin treasury company — raising billions, buying Bitcoin, and transforming from a software business into a crypto giant. But is this strategy brilliant financial innovation… or a high-risk bubble waiting to burst? In this episode of the Intelligent Wealth Podcast, Tony, Carl, and Awet debate: 1. MicroStrategy’s 2,400% share price rise in 5 years vs. Bitcoin’s 888% 2. How they raise funds through bonds & equity to keep buying BTC 3. Risks o...

🚨 Novo Nordisk Stock Down 66% - Is This a Golden Buying Opportunity or a Red Flag? In this episode of the Intelligent Wealth Podcast, our expert panel dives deep into the recent plunge in Novo Nordisk’s stock price - one of the most dominant pharmaceutical companies globally in the obesity and diabetes drug market. With insights from Awet, Head of Research, directors Carl Roberts and Tony Byrne at Minerva Money Management, we unpack: * Why Novo Nordisk's share price crashed * How competition ...

Welcome back to the Intelligent Wealth Podcast! In this episode, our expert dives deep into IBM – the 113-year-old tech giant that's quietly reinventing itself in AI, hybrid cloud, and quantum computing. Despite being overlooked for years, IBM is making bold moves with massive investments in next-gen tech. Its quantum computing fleet, growing AI consulting revenue, and focus on enterprise solutions raise an important question: Is IBM the most underrated tech stock in 2025? **We cover** 00:0...

Welcome back to the Intelligent Wealth Podcast, where we deep-dive into high-quality investment opportunities. In this episode, we analyse Ashtead Technology, a little-known UK-listed company that's quietly dominating the subsea equipment rental market. Ashtead Technology provides specialised equipment and services for offshore energy projects – from oil and gas to renewables. With over 30,000 rental assets, a 50% market share in the survey and robotics and operations in 80+ countries, the c...

Is Fortinet the future of cybersecurity investing? In this episode of the Intelligent Wealth Podcast, we deep dive into Fortinet (NASDAQ: FTNT) — one of the world’s fastest-growing cybersecurity companies with 31% annual returns since IPO! **Takeaways** 1. Why Fortinet ticks all the boxes for quality investing 2. The massive $14 trillion cybersecurity opportunity 3. Key differences between Fortinet and CrowdStrike 4. Risks and red flags: Can Fortinet keep its moat? 5. The growing impact of A...

Welcome to the Intelligent Wealth Podcast! In this episode, we dive deep into Warren Buffett’s legacy, the future of Berkshire Hathaway, and whether it’s still a smart investment in 2025. With Buffett stepping down as CEO after nearly 60 years, investors are asking: Is it time to hold, buy more, or move on? We explore Buffett's investing philosophy, his top-performing stocks, criticisms of his strategy, and how Berkshire compares to tech giants like Apple, Tesla, and NVIDIA. We also cover com...

Welcome to the Intelligent Wealth Podcast! In this episode, we uncover one of the most powerful and under-the-radar companies in the world — Mercado Libre, often called the "Amazon + PayPal + Shopify of Latin America." 👉 If you had invested just $10,000 eighteen years ago, you'd have nearly $1 million today. But this e-commerce and fintech giant is still growing at 40% per year. Is it still undervalued? Could it be one of the best long-term investments of the decade? ** Takeaways ** 1. What...

In this episode of the Intelligent Wealth podcast, the hosts discuss Nvidia's remarkable rise to become the world's largest company by market cap, driven by the visionary leadership of Jensen Huang. They explore Nvidia's unique business model, its competitive advantages in the AI space, and the valuation concerns that come with its rapid growth. The conversation also delves into the risks associated with Nvidia's market position, including customer concentration and geopolitical factors. Fina...

In this episode, the hosts discuss Tesla's business model, market position, and the impact of Elon Musk's leadership. They explore the valuation of Tesla as a technology company versus a traditional car manufacturer, the challenges it faces from competitors, and the sustainability of electric vehicles. The conversation delves into the speculative nature of investing in Tesla and the importance of cash flow in evaluating its future prospects. **Takeaways** 1. Tesla is viewed differently by in...

In this episode of the Intelligent Wealth podcast, the team discusses Constellation Software, a remarkable company known for its impressive growth and unique business model. The conversation delves into the company's financial metrics, the leadership of Mark Leonard, and the importance of capital allocation. The hosts explore the challenges the company faces as it grows, the significance of company culture, and the future outlook without its visionary leader. Overall, the discussion highlight...

Welcome to another powerful episode of the Intelligent Wealth Podcast, where we explore the intersection of finance, innovation, and entrepreneurship. In this episode, host Tony Byrne sits down with Freshta Farzam, founder and CEO of LYTE Aviation, a bold aerospace startup developing the Skybus—a revolutionary 40-seater hybrid eVTOL aircraft. From her roots in Hamburg to pitching her vision on global stages, Freshta shares her journey of turning ambition into impact, and how her company aims ...

Welcome to another episode of the Intelligent Wealth Podcast, where we uncover the biggest trends in investing, wealth-building, and finance. Today’s hot debate: Is Bitcoin the future of money or just a high-risk asset? With Wall Street giants like BlackRock backing Bitcoin ETFs, while legendary investors like Warren Buffett call it “rat poison squared,” the debate is heating up. 📉 Is Bitcoin truly a hedge against inflation? 📈 Does it solve financial system weaknesses? 🤔 Or is it just another...

Welcome to another episode of the Intelligent Wealth Podcast, where we uncover game-changing investment strategies to help you build financial freedom. In this episode, Tony Byrne, Carl, and Awet discuss High Shareholder Yield, a key metric combining dividends, share buybacks, and debt reduction. 💡 Why This Matters: 🔹 Dividends Alone Aren’t Enough! Learn how smart investors maximise total returns 🔹 Why Share Buybacks Can Supercharge Your Portfolio 🚀 🔹 How Debt Reduction Boosts Shareholder Val...